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JupiterExchange recently announced a major decision to burn 30% of its $JUP team tokens, following a successful proposal that saw 95% of votes in favor and a record high turnout of 274 million $JUP staked. BREAKING: @JupiterExchange's proposal to burn 30% of the $JUP team tokens has passed with 95% […]
The total value locked on Solana surged but is this enough to send SOL price to a new all-time high?
Leading Solana-based decentralized exchange aggregator Jupiter exposes malicious Chrome extension targeting Solana users. Dubbed Bull Checker, the malicious Chrome extension…
The post Top DEX Exposes Malicious Chrome Extension Targeting Solana Users first appeared on The Crypto Basic.
NVIDIA's NVDashboard v0.10 introduces WebSocket data streaming, improved usability, and theme support, enhancing real-time GPU monitoring in JupyterLab. (Read More)
Following a short break in buying, JUP took a little downturn this week and resumed positive actions after finding support nearby. It appeared bullish and ready to tap more highs but faced rejection at a key level. Last week appeared more volatile across the crypto space following a two-week recovery […]
JUPs price jumped by another 10% today in continuation of the latest recovery, although is yet to break out of its bearish structure on the daily chart. It appeared bullish but is now facing a psychological level. A few days ago, JUP traded as low as $0.64 after losing more […]
Prominent crypto expert and YouTuber Lark Davis highlights the top five altcoins that can make investors actualize their Lambo dream. …
The post Here Are Top 5 Altcoins to Make Your Lambo Dream Come True first appeared on The Crypto Basic.
SOL derivatives and the Solana network have remained stable, indicating that traders and users are not ready to give up.
JUP is up 4% today amid the overall market deduction. However, it appeared to be facing a key resistance as it stages a new swing high. Failure to push through could invalidate the current bullish signal. Jupiters native token JUP has been gaining traction for a straight week as […]
Renowned crypto analyst Lark Davis recently shared insights into the world of altcoin and decentralized finance (DeFi), offering high-risk, high-reward options and established projects. During a live stream, Davis discussed his current portfolio holdings, while emphasizing the volatility inherent in these markets. High-Risk Ventures Altcoin And Established DeFi Projects During his discussion, Davis advised against investing [...]
The post Crypto Guru Reveals Top Altcoin Picks And DeFi Risks: What You Need To Know appeared first on Crypto Breaking News.
Many Solana-based projects, such as ORCA, WIF, and RAY, have recovered well in the past week as they pose for a shift following a new bullish pattern. Sol is not left behind but has yet to signal a trend shift. Losing the important $100 level in the early month crash, Sol later found a solid [...]
Jupiter (JUP) has had a remarkable month, with its price skyrocketing over 150% in the last 30 days. Amid the crypto market slowdown and some controversies, JUPs performance has maintained momentum. Related Reading: Solana Tokens Among Top Gainers: JUP and WEN Soar Over 12%, WIF Hits New ATH Crypto Analyst Sees “Decent” Entry Spot For JUP Jupiters JUP started the month trading around $0.63 and has seen the price jump 106% in 25 days. The tokens performance this month showed sideways price action before climbing to a new support level twice, which could suggest that another price surge is possible despite the turbulent week. In an X post, renowned crypto analyst Altcoin Sherpa commented on JUPs most recent performance as he wondered about the possibility of a leg up. $JUP: Wondering if next leg is coming for JUPITER…consolidation and looks ok + btc looks somewhat stable (for now). Might be a decent spot entry here. pic.twitter.com/uE8IHblbFY — Altcoin Sherpa (@AltcoinSherpa) March 25, 2024 The analyst shared JUPs price chart, which displayed the tokens sideways movement inside the $1.12-$1.47 price range for the past few days. The chart shows that the consolidation phase started after the tokens price jumped and unsuccessfully tested the $1.50 resistance level on March 16. After a pullback to the $1.20 mark, JUP retested the resistance zone again on March 18, briefly reaching $1.60, but ultimately failed to maintain it. Following the unsuccessful attempts to climb, the price dipped even lower to the $1.10 support zone in the following days. Since then, JUP has bounced back, hovering between the $1.15-$1.25 zone. The recent price consolidation looks ok, according to the analyst. He further highlights Bitcoins current stability, seemingly suggesting to Sherpa that JUP could repeat its March trajectory. As a result, the analyst deems this moment as a decent entry spot for Jupiters token. Additionally, he has shown a positive sentiment towards JUP before, calling the token a winner thats gonna keep on winning. winners gonna keep on winning. $PYTH and $JUP are some of the great ones. pic.twitter.com/nL4BmzxFJo — Altcoin Sherpa (@AltcoinSherpa) March 16, 2024 JUPs Price Action Recently, JUPs Community showed some concerns after its co-founder Meow announced a controversial decision. Meow revealed on X that Jupiter would donate the SLERF limit order and DCA fees to the tokens presale participants. This decision was taken without consulting the community, a crucial part of the project. After the criticism, Meow explained that “no JUP tokens were involved in the donation and, despite the turbulence in the community, JUPs price didnt seem to be affected.” Its worth noting that Bitcoins price showed stabilization signs over the weekend, as highlighted by Sherpa. This matters as JUP followed BTCs trajectory closely over the last week. As the chart below shows, the Solana-based token mimicked the moves of the flagship cryptocurrency. JUP and BTC's price performance over the last 7 days. Source: CoinGecko In the last 24 hours, Jupiters trading volume has surged 64.1%, with $214.7 million being traded. According to CoinMarketCap data, JUPs market capitalization increased 8.5% in the past day, placing the token as the 65th largest cryptocurrency by this metric, with $1.77 billion. Despite the negative 3.5% performance in the past week, the token exhibits a significant 71.8% price jump in the biweekly timeframe. At the time of writing, JUP is trading at $1.33, a 13.2% surge in the last day. Related Reading: Social Media Storm Gives Dogecoin 14% Price Boost Details Jupiter's performance in the 3-day chart. Source: JUPUSDT on Trading.view.com Featured Image from Unsplash.com, Chart from TradingView.com
Jupiter (JUP) has recently registered some minor gains rising by 3.50% in the last day. However, earlier market losses mean the altcoin experienced a 1.38% decline in the past seven days. Amid this volatile price action, renowned market expert Ali Martinez postulates the altcoin is in imminent danger of a major price fall. Related Reading: Ethereum Whales Pounce On The Dip, Snag $236 Million In ETH Bearish Flag Forms On JUP Chart: Key Support To Watch In an X post on Saturday, Martinez reports the formation of a potential bearish flag on the JUP 4-hour chart. The bearish flag is a continuation pattern that hints at a sustained downtrend. It follows a prolonged price fall i.e. the flagpole which was seen in early March when prices of Jupiter fell from $0.83 to $0.48 in seven days. The bearish flag is a brief period of consolidation in an upward or sideways direction that comes after this price decline and is usually followed by a downward trend continuation. In the case of Jupiter, the flag is represented by prices moving between $0.56 (resistance) and $0.50 (support). Therefore, a decisive price fall below the $0.50 region would validate the bearish flag resulting in a substantial price decline. Based on the length of the initial flagpole, Martinez predicts JUP prices could slide as low as $0.41, suggesting a potential 21.15% decline from current market prices. On the other hand, a strong price breakout above the resistance at $0.56 could invalidate the bearish flag suggesting a a potential reversal. In this case, Jupiter could rise to around $0.83 at which lies the next significant price resistance. Related Reading: Global M2 Vs. Bitcoin Shows Bullishness As Analyst Sets Blast Off Date, Heres When JUP Price Outlook Amid a general crypto market correction, JUP has suffered a substantial price loss over the last month losing 30.15% of its value. This development has occurred despite efforts by the Jupiter exchange to manage the tokens supply by using 50% of protocol fees to implement a massive buy-back strategy. However, the Relative Strength Index (RSI) on the tokens daily chart shows a recent rebound from the oversold region indicating price reversal could be on the horizon. According to analysts from Coincodex, general sentiment in the JUP market remains bearish with the Fear & Greed Index of 32 suggesting investors are highly cautious about engaging the market at the moment. However, these analysts are strongly confident in JUPs bullish potential, projecting a price gain of 227% in the next month. At press time, Jupiter continues to trade at $0.52 following a price increase of 3.50% as earlier stated. Meanwhile, the assets daily trading volume has increased by 21.78% and is valued at $42.57 million. Featured image from National Geographic Kids, chart from Tradingview
The Solana ecosystem has experienced notable growth, and SOLs price has turned many experts bullish on it. Similarly, the Solana-based tokens are showing impressive performances during this bull run, with many being among the top gainers in different timeframes. Related Reading: Solana Smashes Major Resistance Levels, New All-Time High Imminent? Solana Chain Driven By Memecoins? According to CoinGecko data, Solana is currently the 5th largest blockchain by Total Value Locked (TVL), registering over 12.8% growth in the past day. During this timeframe, Solana has outperformed its competitors, including Ethereum, which has registered a 2.2% decrease since yesterday. In the 7-day and 30-day timeframes, Solana has seen a TVL growth of 35.3% and 89.8%, respectively. As displayed in the chart below, it surpassed the performance of the four chains above it. Top 5 blockchains by TVL. Source: CoinGecko.com Franklin Templeton Digital Assets shared its perspective on the value of memecoins and their native networks. The financial giant considers that theres a strong relationship between memecoins and the performance of their native chains. In the last year, crypto markets have seen multiple meme coins parabolically surge, most notably, Solana based BONK during Q4 2023. Solana daily active user addresses were up 75% quarter over quarter from Q3 to Q4 2023. The asset management firm deems that the connection between the two is further alluded to because the Solana network captured a large percent of the activity of all the active addresses during the same time that BONK saw a price surge during Q4 2023. According to CoinMarketCap data, the market capitalization of the Solana-based tokens increased by 5.5% from yesterday to over $222.36 billion. The performance of the memecoins seems to have put a notch on the networks belt. Performance Un-like Cats and Dogs Tokens in the Solana chain have registered massive performances recently, and the newest tokens around the block (dogwifhat, Wen, Jupiter) continue to shake the crypto market ground. Notably, dog- and cat-themed tokens continue to be hot topics in the community. According to CoinGecko Data, the Solana-based Myro, Bonk, and Popcat are trending tokens in their sub-categories. Las Vegas Puts Its Hat On Since the launch of dogwifhat (WIF), the token has gone from being a “cute dog with a crochet hat on to gathering a robust community seemingly able to back it up.” $WIF SPHERE UNLOCKED dog $wif hat, in all $SOL colors, coming to your local LAS VEGAS SPHERE HAT STAYS ON@dogwifcoin pic.twitter.com/NR1kln4X4u — Curb (@CryptoCurb) March 13, 2024 The over $650,000 raised for the wif on sphere fundraiser campaign could serve as evidence of the communitys support. As a result of the campaign, the Las Vegas Sphere will display WIFs icon for a week on the worlds largest LED screen. Since the news, the token skyrocketed to a new all-time high (ATH) of $3.36 this morning, representing a 42.3% increase in the last 24 hours. At writing time, WIF changes hands at $3.1, just 4.3% lower than its ATH. Space Suit On, Wen Goes To Jupiter Jupiter (JUP) recently announced its partnership with the cat-themed token WEN. The latest Jupiter Work Group (JWG) will collaborate with the WEN Work Group. According to the announcement, it will be focused on contributing awesome vibes and content to amplify crucial Jupiter message. Jup Wen Wen has a spacesuit for a reason, this cute cat is headed to Jupiter https://t.co/7k7h2AIdvk — Wen (@wenwencoin) March 13, 2024 The community seemingly took the partnership positively. After the news, both tokens surged. WENs price rose above $0.00040 in the early hours of the day, and its currently trading at $0.00038, a 12.5% increase in the last 24 hours. JUP propelled to a new ATH of $0.988, almost hitting $1. At writing time, the token is trading at $0.948, representing a 12.8% price surge in the 1-day timeframe. Similarly, its daily trading volume increased over 58%, with $418.04 million being traded in the past day. Related Reading: Solana Demand Soars As Institutions Buy Up SOL At A Massive 870% Premium The Crypto Total Market Cap is at $2.66 trillion. Source: TOTAL on TradingView.com Featured image from Unsplash.com, Chart from TradingView.com
Solana-based decentralized exchange (DEX) aggregator Jupiter recently announced the possible launch of three new tokens through its launchpad. The announcement follows the launch of its JUP native token via the LFG launchpad last week. Related Reading: Solana DEXs Outperform Ethereum In Key Metric, Heres What This Means Solanas Community Holds The Power? After the scheduled closing of the JUP launch pool, Jupiter Exchange and its founder took X (formerly known as Twitter) to reveal the next steps for the Solana-based project. Jupiter: Let's Go! Hello space catdets! Over the last few months, we built a robust community of catdets with a common vision, scaled up our infrastructure to handle many levels of volume, tested a lot of things together, and overcame a hell lot of adversity together. And now, — meow (@weremeow) February 7, 2024 As the pseudonym founder Meow stated, the LFG launchpad is Jupiters initiative to grow the pie by helping great projects get the awareness, community, and users to thrive in the long term. As a result, the founder presented three OG Solana projects to the community that could be part of the next launchpad. The first candidate is Sanctum, a liquid staking service with experience building the first SPL program used by stake pools, and liquidity sources like unstake.it. The next project, Sharky, is an expanding NFT collateralization platform on Solana that allows NFT holders to borrow and lend against NFTS to acquire leverage or earn yields. Closing the list, the cross-chain infrastructure provider deBridge is presented as a project that allows users to trade assets across chains in seconds without the need for wrapped assets or liquidity pools. Jupiters founder highlighted that the community would have the final say in any projects participation on the launchpad. Since LFG is a community initiative where Jupiters team should play no role, its up to the Solana users to discuss and decide if any projects are suitable for launch in the LFG platform. Additionally, the post announced that the introduction process of the projects to the community would take part over the next two weeks through different channels, including special ones for each project and a summary on X. For the future, Jupiters team will provide application channels for other projects interested in participating. Next Steps For The Project On February 7, the project confirmed in an update that the launch pool was closing after seven days, as previously scheduled. In the process, 90 million JUP tokens were withdrawn and moved to a cold multi-sig wallet, effectively taking them out of circulation. The project also announced that the launch pool was left with 65.5 million USDC, which would serve as a liquidity backstop for JUP. However, the USDC will be removed over the next couple of months in $10 million batches to allow the JUP token to regain price discovery while simultaneously assuring all participants that the team is committed to a long-term gradual withdrawal of USDC liquidity. While all the JUP has been removed, we are leaving ~63.5M of USDC in the launchpool to serve as liquidity backstop for JUP. The USDC will be removed over the next 2-3 months. pic.twitter.com/2AQ7zIKwJO — Jupiter (@JupiterExchange) February 8, 2024 The founders post shared Jupiters intention to initiate a decentralized anonymous organization (DAO) this month and incrementally evolve it into the most dynamic, most productive and proactive DAO in space. Initially, the JUP DAO would focus on evaluating and approving launchpad projects, ratifying budgets for working groups, approving grants, and releasing budgets for ongoing community and ecosystem initiatives. The teams update specified the steps to encourage the communitys participation and to fund it with the capital to pursue important initiatives. The steps include distributing 75% of future LFG launchpad fees to the governance participants, 100M in JUP earned from the LFG launchpad for voting incentives, and 6.15M in operational funds from JUP Launch. Related Reading: Solana: Jupiter (JUP) Price Tumbles Amid Controversy Buy Now? Jupiter is trading at $0.5276 in the daily chart. Source: JUPUSDT on Tradingview.com Feature Image from Unsplash.com, Chart from Tradingview.com
Solana (SOL) whales have orchestrated a series of transactions totaling a staggering $180 million. The blockchain community is busy with speculation as Whale Alert, a platform that tracks large transactions in the crypto space, reported two significant movements. The first transaction involved a whopping 1,782,144 SOL, equivalent to a staggering $170,364,121, being transferred from an […]
Imagine diving into the world of cryptocurrencies, where airdrops feel like stumbling upon hidden treasures. Let's take a look at the top 9 Solana airdrops
Jupiter Exchange, a decentralized exchange in the Solana blockchain, has recently made headlines with its announcement of an airdrop for...
Jupiter (JUP) price prediction 2024, 2025-2030, we will analyze the price patterns of JUP by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Jupiter (JUP) Current Market Status What is Jupiter (JUP)? JUPITER (JUP) PRICE PREDICTION 2024 Jupiter (JUP) Support
Jupiter has started its JUP token buyback, acquiring 4.88 million tokens for $3.33 million The buyback will use 50% of protocol fees to lower token supply The goal is to enhance JUP’s value via supply reduction, aligning with DeFi practices Jupiter, a leading decentralized exchange (DEX) aggregator on the Solana blockchain, has officially launched its […]
The post Decentralized trading platform Jupiter begins JUP token buyback appeared first on CoinJournal.
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